Active
23508 Lake Drive
Crestline CA, 92325
$1,600,000
$296.30 per sqft
Active
5,400 sqft
Commercial
Built in 1945
Listed by Ralph Liu with InvestorsAlly Realty 888-388-5432
This 12-unit Crest Lodge Historic Mountain Inn business of historical fame is situated in a very nice wooded area in Crestline on the San Bernardino mountains within half an hour drive from down the hill. It is the most convenient place and the quickest way for many local SoCal residents to drive up above 6,000 ft on Hwy 18 for some snow fun in the winter time. The property consists 4 parcels and is located right in the heart of Crestline. It is within walking distance to the restaurants, bar, grocery and liquor in the town center.
The unique and convenient location make it very attractive to run a profitable mountain resort business with active marketing and management. The property is currently leased out to a motel operator with an attractive NNN lease yield.
San Bernardino mountains serve over 22 million population in Southern California. It is the easiest place for local residents to go skiing or simply have some snow tubing fun with families during the winter time without having to go through the hassles to fly anywhere. In the summer time with the burning hot summer desert weather, local residents can drive up from almost anywhere in SoCal in less than hours to the many lakes among the majestic tall pine trees for a cool summer retreat. Reach Switzerland doorstep within only two hours! The proximity of these mountains to the beaches down the hills makes SoCal one of the few places in the world that local residents can boast to be able to ski in the morning, surf in the afternoon and sip wines in the evening, all in one day.
NP24072665
MLSⓇ ID
April 11, 2024
Listed
April 12, 2024
Updated
Map
23508 Lake Drive
Crestline CA, 92325
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.46 Acres
Lot Features
11-15 Units/Acre
Other Property Details
Area Name
286 - Crestline Area
Garage
No
View
No
County
San Bernardino
Water Source
Public
Pool
No
Buyer Agency Compensation
2%
Listing Contact: 888-388-5432
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Data last updated on 4/12/2024 at 7:15 AM UTC